Teacher Retirement System of Texas increased its holdings in shares of DXC Technology Company. (NYSE:DXC) by 189.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 232,925 shares of the company’s stock after purchasing an additional 152,318 shares during the period. Teacher Retirement System of Texas owned approximately 0.08% of DXC Technology Company. worth $20,004,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of DXC. Vanguard Group Inc. lifted its position in shares of DXC Technology Company. by 30,928.2% during the 2nd quarter. Vanguard Group Inc. now owns 20,771,226 shares of the company’s stock worth $1,593,568,000 after purchasing an additional 20,704,283 shares during the last quarter. BlackRock Inc. acquired a new position in shares of DXC Technology Company. during the 2nd quarter worth about $1,368,006,000. Dodge & Cox acquired a new position in shares of DXC Technology Company. during the 2nd quarter worth about $1,032,608,000. Boston Partners acquired a new position in shares of DXC Technology Company. during the 2nd quarter worth about $932,573,000. Finally, State Street Corp acquired a new position in shares of DXC Technology Company. during the 2nd quarter worth about $898,855,000. 85.91% of the stock is owned by institutional investors and hedge funds.

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DXC has been the subject of several research analyst reports. Zacks Investment Research cut DXC Technology Company. from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. BMO Capital Markets boosted their price objective on DXC Technology Company. from $94.00 to $100.00 and gave the stock an “outperform” rating in a research report on Friday, September 15th. KeyCorp upgraded DXC Technology Company. from a “sector weight” rating to an “overweight” rating and set a $93.00 price target on the stock in a research note on Friday, July 21st. Bank of America Corporation started coverage on DXC Technology Company. in a research note on Tuesday, September 12th. They set a “buy” rating and a $101.00 price target on the stock. Finally, Barclays PLC boosted their price target on DXC Technology Company. from $90.00 to $100.00 and gave the company an “overweight” rating in a research note on Thursday, October 12th. Four research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. DXC Technology Company. currently has an average rating of “Buy” and an average target price of $99.59.

DXC Technology Company. (NYSE DXC) traded down $1.04 during mid-day trading on Wednesday, hitting $95.76. The stock had a trading volume of 1,066,100 shares, compared to its average volume of 1,966,950. DXC Technology Company. has a 52 week low of $67.76 and a 52 week high of $99.00. The company has a market cap of $27,614.01, a price-to-earnings ratio of 17.66, a P/E/G ratio of 1.66 and a beta of 1.01. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.00 and a current ratio of 1.00.

DXC Technology Company. (NYSE:DXC) last released its quarterly earnings data on Tuesday, November 7th. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.40. DXC Technology Company. had a return on equity of 17.83% and a net margin of 1.88%. The company had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.07 billion. The firm’s quarterly revenue was up 229.4% on a year-over-year basis. research analysts expect that DXC Technology Company. will post 7.27 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Wednesday, December 6th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $0.72 annualized dividend and a dividend yield of 0.75%. DXC Technology Company.’s dividend payout ratio is currently 122.03%.

In other news, EVP Michael G. Nefkens sold 35,340 shares of the company’s stock in a transaction that occurred on Thursday, October 12th. The stock was sold at an average price of $92.00, for a total value of $3,251,280.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.30% of the company’s stock.

DXC Technology Company. Profile

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers technology solutions comprising consulting, applications services, and software.

Institutional Ownership by Quarter for DXC Technology Company. (NYSE:DXC)

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